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Top 5 Reasons Why You Should Invest In A Ready Possession Home

Friday, 12 May 2017

Choosing between an under-construction property v/s a ready possession one is always an overwhelming task. With RERA having been implemented we have the surety even in under-construction property of the unit that we have selected, a ready possession flat has its pros nevertheless. This blog takes you through some of these pros which establishes that moving into a ready possession flat is better that an under construction one.

A ready possession flat is even better than a sample flat as it is “what-you-see-is-what-you-get”. A sample flat can mislead you by over promising you with its furnishing and other designing, a ready possession flat will give you the clarity in terms of the actual size of the flat and other deliverables.

A ready possession flat saves you of your money which you would have otherwise spent as rent had you chosen an under construction project. This is one of the MAJOR factors that people living in the cities are looking at. While they are paying an exorbitant amount of money as rent, genuine buyers are looking for properties that are ready to move in. This will help them to save them the double cost of EMI which they would have paid for an under construction flat along with the rent that they would have shelled out till the time they get the possession to their flat.

Moving into a ready-possession flat also helps you save tax which one can claim once you get the possession letter. This will not be possible in an under construction flat. So while you are saving money by paying only EMI on the ready possession flat you are also able to claim tax deductions which will help you in your financial planning.

As the project is already completed it becomes easier for the buyer to go through the legal documents of the project like Occupancy Certificate, Completion Certificate and the likes to make it easier for the buyer to opt for a ready possession flat.

A completed project also give a buyer a fair idea of the vicinity and the other amenities of the area like hospitals and schools and others to help one make an informed decision.

Inspired by Tuscan landscapes of Italy, Tuscan Estate Signature Meadows from Kolte-Patil Developers Ltd has unique T-shaped towers with only 3 apartments on each floor. The towers are placed in such a way that they do not intrude into each other’s view, thus giving a good view and also good ventilation.